Bank of England approves ClearToken CSD to run digital depository
The Paypers reports that the Bank of England approved ClearToken CSD to operate a Digital Securities Depository in Gate 2 of the UK Digital Securities Sandbox, allowing issuance and settlement of tokenized existing securities within set limits. ClearToken says its initial asset scope includes FTSE 350 equities, UK government debt and corporate bonds. The article describes 24/7 settlement and intraday repo as intended capabilities, not measured operating outcomes.